News Release
NuStar Moves Up to No. 18 on the List of Fortune’s 100 Best Companies to Work For
NuStar is one of only three energy companies on the magazine’s 18th
annual top employer list, and one of only two
“We are fortunate to have the best employees in our industry, as their
positive, can-do spirit is the reason we have been recognized as a top
workplace every year that we’ve applied for the list,” said NuStar
President and CEO
“None of this would have been possible if not for the special caring and sharing culture created by our Chairman of the Board Bill Greehey,” Barron added. “As he always says, if you take care of the employees, they will take care of our company, unitholders, customers and communities. Our employees have certainly proven that true, as last year we had record earnings and total unitholder returns that were among the best in our industry, and we donated more time and money to our communities than ever before.”
NuStar was selected among hundreds of companies vying for a place on the
list this year. The selection process includes a confidential employee
survey and an in-depth questionnaire about their programs and company
practices.
Creators of the methodology behind the list,
Some of the considerations in NuStar’s selection for the 100 Best honor include the company’s employee benefits plan, which has been rated the best in its industry by top human resources consultants; its reward and recognition programs; commitment to volunteerism and charitable giving; and special corporate culture. NuStar offers all-employee bonuses; a retirement savings plan that includes a 401(k) match of 100 percent up to 6 percent of pay and a company-funded pension plan; a health and wellness program; and much more. The company also has never had a layoff in its history, and instills in employees the philosophy that if they do a good job, they will always have a good job.
“It is no coincidence that the 100 best workplaces are also extremely
profitable and successful companies,” said
Fortune partners annually with
Organizations named on the list see many benefits that include better financial performance, less employee turnover, higher levels of customer satisfaction and loyalty, more innovative and creative thinking, higher productivity and enhanced public perception.
To see the complete 2015 Fortune 100 Best Companies to Work For® list and to learn more about how to build a high-trust workplace culture, visit www.greatplacetowork.com.
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Source:
NuStar Energy, L.P., San Antonio
Investors, Chris Russell, Vice
President,
Investor Relations: 210-918-3507
chris.russell@nustarenergy.com
or
Media,
Mary Rose Brown, Executive Vice President,
Administration:
210-918-2314
maryrose.brown@nustarenergy.com
Web
site: http://www.nustarenergy.com